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Bioventus (BVS) investor relations material
Bioventus 44th Annual J.P. Morgan Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company transformation and strategic focus
Underwent significant transformation, improving prioritization, execution, and reducing leverage.
Achieved revenue growth above market, peer-leading gross margins in the mid-70s%, and expanded EBITDA margins by 700 basis points.
Generated over $100 million in operating cash flow in the last two years, setting a strong foundation for future growth.
Aims to become a leading med tech company exceeding $1 billion in size, with durable growth and high margins.
Divested non-core assets to sharpen commercial execution and reduce debt.
Growth drivers and innovation
Four main growth drivers: ultrasonics, international, peripheral nerve stimulation (PNS), and platelet-rich plasma (PRP).
PNS platform recently received FDA clearance and is entering full launch, offering unique technology advantages.
PRP business leverages existing salesforce, offers single-spin convenience, and enables customizable treatments.
Ultrasonics is the fastest-growing segment, with technology aimed at becoming the standard of care in spinal surgery.
International expansion targets EMEA and APAC with a disciplined, market-specific approach.
Portfolio evolution and investment priorities
Portfolio structured into core, expansion, and emerging growth platforms, each with distinct roles in growth and profitability.
Core portfolio (HA, BGS, Fracture Care) delivers strong sales, margins, and cash flow, growing above market.
Expansion areas include ultrasonics and international markets, expected to become more material with targeted investments.
Investment priorities include milestone-based PNS sales force expansion, increased international resources, and R&D for PNS and ultrasonics.
Strategic marketing to raise awareness of clinical and economic benefits, with a strict ROIC lens guiding investments.
- TimeTickerHeadlineOpen
- 7 FebSBIN
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Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
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Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
Proposed $9B real estate loan portfolio acquisition highlights disciplined, long-term strategy. - 6 FebSMCI
Q2 revenue jumped 123% to $12.7B, with FY26 guidance raised to at least $40B. - 6 FebRJF
Record revenues and assets, higher dividend, and acquisitions despite lower net income.
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